3:44 18:02 2 101 4G 68% student print mana... Q . . . Assessment 2 Your Tasks: Task Provide a fortnightly cash budget report which clearly identifies any under or over performances, and the actual and likely reasons for these. Use the table below as a reference list and attach budget report together with a variance analysis for each to this project Refer to Appendix 1 For Explanation on Example reasons for Cash Budget Variance. Date Budget Variance Reason Discussion Action Performance/Area with supervisor Budget Cash Budget E.g Absence Cycle of a well Start organized and implemented accounting system. Week 2 Eg. Key operating expenses too high relative to gross sales Week 4 Eg. Menu items not accurately documented, costed and updated Week 6 Eg. Food & beverage inventory levels not counted and costed at the end of each accounting period or recorded in you accounting software Vanshraj Enterprises P/I Trading As Victorian Academy Of Commerce and Technology Startups RTO No. 41428 CRICOS Provider Code 03477E email: vactsedu@gmail.com 171 Sydney Road,Coburg-3058 SITXFINO03 Manage finances within a budget Ver 1.3 April 2019 Week 8 Food and beverage inventory levels too high relative to corresponding sales Week 10 Eg. Daily & weekly financial operating data not collected, reviewed or acted upon. Week 12 Eg Inaccurate posting of financial information to your accounting system Budget Cycle End